Description: This report provides an overview of Takaful as an alternative approach to insurance, focusing on its ethical principles, historical background, operational framework, comparison with conventional insurance, and the potential growth and impact on society. It analyzes Takaful as a Shari’ah-compliant financial service and its potential in international markets.

Description: The SOA Investment Section is holding a three-part Environmental, Social & Governance (ESG) Investment Considerations Webcast Series in September and October, which will cover the challenges and implementation. This series is suited for actuaries, consultants, plan sponsors and asset managers that work with insurance companies or pension funds and want to learn more about the latest in ESG. The increasing focus on climate change and recent social movements witnessed globally brought many institutional investors to further think about and perhaps reevaluate, the way they integrate ESG factors into their investment decisions. This new reality raises many questions: what's next for ESG in the institutional space? What will be the challenges? How will institutional investors go beyond the basics? What are current and future ESG needs and who will meet them? This will be the first of three educational sessions aimed at taking the conversation on ESG integration to the next level. During this webcast, you will hear from a panel of various types of asset owners who will share their perspectives, challenges and learnings in the journey to implementing their ESG views, including in the context of a pandemic. The discussion will start broadly, and narrow down to some of the most pressing topics today with the focus on climate change resilience and adaptation of assets.

Description: This research report develops a framework for modeling and pricing cybersecurity risk.

Description: This article provides an overview of the GI Course within the SOA’s Climate Risk Certificate Program

Description: Read the December 2017 issue of General Insurance Insights published by the General Insurance section.

Description: The Society of Actuaries (SOA) Research Institute commissioned a study to understand how insurers are responding to the framework used for climate disclosure practices, attempting to identify current practice and best and emerging practice. Used by firms to ensure they manage climate risk appropriately, the framework from the Task Force on Climate-related Financial Disclosures (TCFD) focuses on disclosure of governance, risk management, strategy, and metrics.

Description: This article takes a look at the issues regarding the increasing population of older drivers on the road - specifically with regards to the effect on road safety and automobile insurance.

Description: In this webcast, presenters will outline the key content in ERM ASOPs 46, 47 and 55 and explore the impact each ASOP has on practitioners working in these fields. We will also describe the revision work currently under way in the ERM Committee of the Actuarial Standards Board.